Are you looking to switch to renewable energy sources in Omaha, Nebraska? If so, you're in luck! There are a number of tax incentives available to help make the transition more affordable. Net metering is one of the most popular incentives offered by Nebraska utility companies. This allows solar customers to sell unused energy back to the grid. However, the specifics of this incentive vary depending on the utility company you use.
The Solar Energy Tax Credit is another great incentive that provides a 30% tax discount on the total cost of installing a solar system. This credit is available at the federal level and can be applied for by speaking with your local Omaha solar panel installation expert. Data from the National Renewable Energy Laboratory shows that Nebraska ranks an impressive 13th among states with the best solar potential. This means that now is a great time to invest in solar energy and take advantage of these incentives while they are still available.
The Solar Investment Tax Credit (ITC) is one of the most well-known incentives in the U. S. It reduces the cost of solar energy and makes it more attractive for people to adopt renewable energy sources. This money earmarked for the solar energy tax credit will be deducted from the total amount you owe the government for taxes during the tax season in question.
By taking advantage of these incentives, you can reduce the cost of installing solar panels in Nebraska and make switching to renewable energy sources more manageable. Investing in renewable energy sources can be expensive, but with these tax incentives, it can be much more affordable. Speak with your local Omaha solar panel installation expert today to learn more about what incentives you may be eligible for.